Stock Movers

On this episode of Stock Movers: - Affirm (ARFM) shares plunged as much as 14% on Friday after the financial technology company reported what some analysts said were “mixed” results. Analysts made note of the mostly positive earnings, but flagged expectations were very high heading into the results and the guidance given may be conservative.  - Expedia (EXPE) cut its full-year outlook for gross bookings and revenue after it saw weaker-than-expected domestic and inbound travel demand in the US at the start of the year. Gross bookings and revenue are now expected to grow 2% to 4% in 2025, Chief Financial Officer Scott Schenkel said on an earnings call. The company had projected 4% to 6% growth in February. It also issued first-quarter results and a second-quarter outlook that missed Wall Street estimates. - Tesla (TSLA) shares were higher leading Magnificent Seven stocks today. Investors refrained from making riskier bets on speculation that while talks between Chinese and American officials could represent a diplomatic icebreaker, they would unlikely result in a comprehensive agreement at this stage. Following a rapid $6 trillion surge in the S&P 500 from the brink of a bear market, action has been more muted in recent days. The gauge was little changed Friday amid volume that was 30% below the average of the past month.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Lyft shares surge on results after the bell on Thursday; better-than-expected gross bookings in the first quarter, a sharp contrast with disappointing results from Uber. It also announced an accelerated and expanded share buyback program. Some areas key to its positive results include Indianapolis, where it saw a 37% gain in rides; and Canada, where rides are up 50%.- Pinterest shares rise after 2Q revenue guidance beat estimates. CEO Bill Ready cited the company's ability to leverage AI to personalize the user experience is their "key differentiator." Tech allows them to provide advertisers early signs on trends before they show up in purchasing data.- 1800 Flowers shares plunge after it withdrew its near-term guidance and shuffled its management team, including naming a new CEO.That's after reporting 3Q results that showed a bigger-than est loss per share -- $2 80c vs 26c estimate; net revenue also disappointed and down 13% from a year earlier.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Expedia shares fall after the company cut its full-year outlook for gross bookings and revenue. It cited weaker-than-expected domestic and inbound travel demand in the US at the start of the year. CFO Scott Schenkel noted that there was a near-30% decline in inbound bookings from Canada, which drove a 7% drop in overall inbound travel to the US- Microchip rises after 4Q results after the bell on Thursday. Its' adjusted EPS 11c, slightly beat the 10c estimate; net sales also slightly above estimates but down 27% y/y. - The chips manufacturer did say 4Q “marks the bottom of this prolonged industry down cycle"- Crowdstrike drops after a Bloomberg News report that US prosecutors and regulators are investigating a $32 million deal between Crowdstrike and a tech distributor -- specifically, what senior executives may have known about it.The transaction was made to supply software to the IRS, but apparently the IRS never purchased or received the products.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Lyft (LYFT) is moving to the upside after reporting better-than-expected gross bookings of $4.16 billion in the first quarter, with rides increasing 16% from a year earlier to 218.4 million. Goldman Sachs analyst Eric Sheridan also upgraded the stock to Buy from Neutral.- Expedia (EXPE) is down this morning after cutting its full-year outlook for gross bookings and revenue due to weaker-than-expected domestic and inbound travel demand in the US at the start of the year. The company now expects gross bookings and revenue to grow 2% to 4% in 2025, down from its previous projection of 4% to 6% growth.- Pinterest (PINS) shares are higher after second-quarter revenue guidance topped estimates at the midpoint, easing concerns of an advertising slowdown. The company's efforts to use artificial intelligence to boost growth are paying off, with revenue for the second quarter expected to be $960 million to $980 million. - Affirm Holdings (AFRM) is sliding this morning after the midpoint of the buy now, pay later company’s revenue forecast for the current quarter trailed Wall Street expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Expedia (EXPE) is down this morning after cutting its full-year outlook for gross bookings and revenue due to weaker-than-expected domestic and inbound travel demand in the US at the start of the year. The company now expects gross bookings and revenue to grow 2% to 4% in 2025, down from its previous projection of 4% to 6% growth.- Lyft (LYFT) is moving to the upside after reporting better-than-expected gross bookings of $4.16 billion in the first quarter, with rides increasing 16% from a year earlier to 218.4 million. Goldman Sachs analyst Eric Sheridan also upgraded the stock to Buy from Neutral.- Pinterest (PINS) shares are higher after second-quarter revenue guidance topped estimates at the midpoint, easing concerns of an advertising slowdown. The company's efforts to use artificial intelligence to boost growth are paying off, with revenue for the second quarter expected to be $960 million to $980 million. - Coinbase (COIN) shares are lower despite Bitcoin's rally after its first-quarter total revenue and second-quarter forecast subscription and services revenue missed the average analyst estimates.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - IAG announced a major order for widebody jets, doubling down on a long-haul business with a $10 billion fleet investment to help sustain its earnings momentum.  - Campari shares fall as much as 4.6% after the Italian spirits maker’s first-quarter results missed expectations, showing that the backdrop continues to be tough with analysts flagging an uncertain outlook due to trade tensions.- Bloomberg reported that Shell has been studying the merits of acquiring BP — something both companies have so far declined to comment on — analysts have been gaming out both the upsides and downsides.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Lyft (LYFT) shares are up. The company reported better-than-expected gross bookings in the first quarter, drawing a sharp contrast with the disappointing results issued by its much-larger ride-hailing rival Uber Technologies Inc. a day earlier. Gross bookings for the first quarter were $4.16 billion, Lyft said in a statement Thursday, slightly beating the average of analysts’ estimates compiled by Bloomberg. Rides increased 16% from a year earlier to 218.4 million, also ahead of expectations. Lyft expects gross bookings for the current period to be between $4.41 billion and $4.57 billion, with the midpoint landing just above estimates.- AppLovin (APP) shares soar after the AI-powered advertisement platform reported first-quarter results that beat expectations. The company also agreed to sell its video-games unit to London-based Tripledot Studios to focus on its advertising technology business. - Coinbase (COIN) shares are down in post market trading. The company's first-quarter revenue jumped while profit declined as the largest US crypto exchange navigated the volatile price swings of the digital asset market. Revenue increased about 24% to $2 billion from the year-ago period, though it was around 10% sequentially lower from the fourth quarter, the San Francisco-based company said in a blog post Thursday. Revenue was expected to be $2.105 billion, according to the average forecast of analysts surveyed by Bloomberg. Net income fell 94% to $66 million, or 26 cents per share. Coinbase’s shares fell about 3% in after-hours trading. The stock is down 17% so far this year.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- AppLovin (APP) shares are up after the AI-powered advertisement platform reported first-quarter results that beat expectations. It gave an outlook for 2Q, and projected ad revenue beating forecasts too. The company also agreed to sell its video-games unit to London-based Tripledot Studios to focus on its advertising technology business. - Coinbase (COIN) shares are higher. The company agreed to acquire Deribit, the world’s largest exchange for Bitcoin and Ether options, for $2.9 billion as the biggest US crypto exchange makes a push into the derivatives market. The purchase marks one of the most-significant acquisitions in the crypto industry’s history and comes as Donald Trump’s return to the White House sparks a wave of deal-making among crypto companies.- Carvana (CVNA) shares jumped after the online used-car retailer doubled its profits in the first quarter with record vehicle volume and reported revenue that beat the average analyst estimate.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Crocs shares rose after First quarter adjusted EPS beat estimates $3 versus $2 49 cent estimate Adjusted net income also beat estimates -- $169.7 million vs $142.9 million, but that's down more than 7% from a year earlier.The company withdrew its full year outlook for this year and said it won't provide full-year guidance at this time due to "macroeconomic uncertainties stemming from global trade policies"- AppLovin shares rise after the AI-powered ad platform reported results after the close yesterday; both first quarter EPS and net income beat estimates.It gave an outlook for 2Q, and projected ad revenue beating forecasts too.The company agreed to sell its video games unit to London-based Tripledot Studios to focus on its advertising technology business.- ARM shares drop after first quarter sales forecast for $1 billion to $1.1 billion disappointed analysts. CEO Rene Haas blamed it on the timing of new agreements with customers and he said the outlook is conservative "to make sure we don't overreach."See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) is leading chip stocks higher after Bloomberg reported the Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions, citing people familiar with the matter.- Arm Holdings (ARM) is out of line with other chip stocks this morning as it trends lower after posting revenue forecast for the current quarter is $1 billion to $1.1 billion, lower than Wall Street's estimates. The company blames the conservative forecast on the timing of new agreements with customers and has decided not to provide an annual target due to uncertainty.- Peloton (PTON) stock declined this morning after its fiscal third quarter missed estimates. While the company hit it expectations for reported revenue, Peloton narrowed expectations for total revenue for the fiscal year.- Anheuser-Busch (BUD) gained in the premarket to their highest level in more than seven months after the brewer’s profit beat estimates, with analysts pointing to its geographical mix and a strong performance in its South American business as demand for beer holds up. The brewer also maintained its guidance for the year, a positive sign amid tariff worries.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Nvidia (NVDA) is leading chip stocks higher after Bloomberg reported the Trump administration plans to rescind Biden-era AI chip curbs as part of a broader effort to revise semiconductor trade restrictions, citing people familiar with the matter.- Arm Holdings (ARM) is out of line with other chip stocks this morning as it trends lower after posting revenue forecast for the current quarter is $1 billion to $1.1 billion, lower than Wall Street's estimates. The company blames the conservative forecast on the timing of new agreements with customers and has decided not to provide an annual target due to uncertainty.- Cleveland Cliffs (CLS) is sinking this morning after posting a wider-than-expected loss for the first quarter after the closing bell on Wednesday. The company also said it expects full-year 2025 steel unit cost reductions of approximately $50 per net ton compared to the prior year.- Krispy Kreme (DNUT) is the biggest downside mover in the premarket session as it announced it will no longer pay quarterly cash dividends to focus on growth and pay down debt. Krispy Kreme reported below-consensus quarterly sales and expects second-quarter net revenue of $370 million to $385 million, below analysts' estimates and is pausing the expansion of its partnership with McDonald's and withdrawing its 2025 profit guidance due to macroeconomic weakness and uncertainty.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- AB InBev offset a fall in volumes with higher profits by cutting costs and driving consumers to drink more of its premium beer. - Maersk the Danish container giant, lowered its forecast for the global transport market rattled by Donald Trump’s trade war.- Next shares rose to a record after the retailer raised its guidance for the second time this year, as UK shoppers spent more than expected and a rival’s operations were disrupted by a cyber attack.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Alphabet (GOOG) sunk on the news that Apple is “actively looking at” revamping the Safari web browser on its devices to focus on AI-powered search engines, a seismic shift for the industry hastened by the potential end of a longtime partnership with Google. Eddy Cue, Apple’s senior vice president of services, made the disclosure Wednesday during his testimony in the US Justice Department’s lawsuit against Alphabet. The heart of the dispute is the two companies’ estimated $20 billion-a-year deal that makes Google the default offering for queries in Apple’s browser. The case could force the tech giants to unwind the pact, upending how the iPhone and other devices have long operated.- Uber (UBER) shares are down after they reported weaker-than-expected quarterly gross bookings, citing lower US inbound travel that’s led to slower gains in its rideshare business. Gross bookings, which include ride hails, delivery orders and driver and merchant earnings, but not tips, were $42.8 billion in the first three months of 2025, Uber said in a statement Wednesday. Analysts projected $43.1 billion, according to Bloomberg-compiled data. Revenue also landed below expectations at $11.5 billion, as did operating income.- Walt Disney (DIS) shares are up after the company reported fiscal second-quarter results that beat Wall Street estimates and raised its outlook for the full year, citing strong performances from theme parks and streaming TV. The shares jumped as much as 12% in New York. Full-year 2025 earnings, excluding certain items, will rise 16% to $5.75 a share, Disney said Wednesday in a statement, about double its previous forecast for growth. Analysts were looking for $5.44 a share.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- WeightWatchers (WW) shares fall after the company announced it has filed for bankruptcy to reduce its debt by $1.15 billion through a lender-backed plan, which is expected to be completed in 45 days. The company has struggled to compete with weight-loss drugs like Ozempic and has been burdened by annual interest expenses of over $100 million, limiting its ability to invest in growth initiatives and marketing.- Charles River (CRL) shares rally after the drug development contractor boosted its adjusted earnings per share forecast for the full year, following better-than-expected first-quarter results. Separately, the company also said it is in a cooperation pact with activist Elliott Investment Management where Elliott has agreed to “customary standstill, voting, confidentiality, and other provisions”- Walt Disney (DIS) shares jump after the company reported fiscal second-quarter results that beat Wall Street estimates and raised its outlook for the full year. It cited strong performances from theme parks and streaming TV.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Disney (DIS) shares popped in the premarket after raising its profit outlook for the year. The California-based entertainment giant forecast adjusted earnings per share for the full year that beat the the average analyst estimate. It is also citing strong performances from theme parks and streaming TV.- Uber (UBER) is in decline this morning after it reported weaker-than-expected quarterly gross bookings of $42.8 billion, below analysts' projection of $43.1 billion, due to a slowdown in its rideshare business. Despite the miss, Uber's income was a bright spot, with diluted earnings exceeding analyst estimates, and the company forecast strong bookings and adjusted earnings for the current period- Advanced Micro Devices (AMD) shares are higher in premarket trading after the chipmaker reported first-quarter results that beat expectations but gave an outlook that analysts see as mixed. The company also said it sees an annual hit of $1.5 billion due to China export controls.- Super Micro Computer (SMCI) is plunging this morning after giving a weak sales forecast. The beleaguered chipmaker cut its net sales guidance for the full year, missing the average analyst estimate. Analysts note that delayed customer purchases are weighing on the company’s forecast.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Disney (DIS) shares popped in the premarket after raising its profit outlook for the year. The California-based entertainment giant forecast adjusted earnings per share for the full year that beat the the average analyst estimate. It is also citing strong performances from theme parks and streaming TV.- Uber (UBER) is in decline this morning after it reported weaker-than-expected quarterly gross bookings of $42.8 billion, below analysts' projection of $43.1 billion, due to a slowdown in its rideshare business. Despite the miss, Uber's income was a bright spot, with diluted earnings exceeding analyst estimates, and the company forecast strong bookings and adjusted earnings for the current period- Super Micro Computer (SMCI) is plunging this morning after giving a weak sales forecast. The beleaguered chipmaker cut its net sales guidance for the full year, missing the average analyst estimate. Analysts note that delayed customer purchases are weighing on the company’s forecast.- Marvell Technologies (MRVL) is following fellow tech company SMCI lower this morning after the semiconductor device company narrowed its first quarter 2026 guidance range and postponed its investor day citing an uncertain macro environment.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Novo Nordisk shares gained on expectations that competition for its blockbuster obesity shot Wegovy will subside later this year. - BMW’s earnings declined less than expected in the first quarter as electric vehicle sales in Europe helped buoy the German carmaker amid slumping demand in China and the threat of US tariffs. - Maersk and other European sea-freight stocks decline on the prospect of lower shipping rates after President Donald Trump said the US would stop its bombing campaign against Houthis in Yemen.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Palantir Technologies (PLTR) shares slid by the most in nearly a year after its financial results and projections failed to live up to investors’ lofty expectations. The company described rising demand for artificial intelligence software as a “ravenous whirlwind” and bumped its 2025 revenue forecast on Monday to about $3.9 billion from about $3.75 billion. But even a solid earnings results beat and the raised outlook wasn’t enough to justify the stock’s high valuation and extend its massive year-to-date gain. Palantir’s shares tanked by as much as 14.9% to $105.32, the lowest intraday price since May 7, 2024. The stock was still up 41% for the year. - Hims & Hers Health Inc. (HIMS) reiterated its 2025 revenue forecast after posting better-than-expected sales for the first quarter, raising questions about the future as it shifts from making copycat weight-loss drugs to selling discounted versions of Novo Nordisk A/S’s blockbuster Wegovy. Hims’ business got a boost when branded weight-loss drugs were in short supply and a regulatory loophole allowed it to sell less expensive compounded versions of drugs like semaglutide, a chemical name for Wegovy. Those shortages have since resolved and now the telehealth company is finding a new lane by also selling branded drugs at a discount. - Constellation Energy (CEG) surged after it said it is on the verge of signing long-term deals to provide nuclear energy that could meet unrelenting demand to run data centers and factories. Shares climbed 12% as Chief Executive Officer Joe Dominguez said on an earnings call that the agreements bolster the case for Constellation’s pending $16.4 billion deal for Calpine, which would give Constellation the largest fleet of US power stations. Power consumption in the US is expected to grow almost 16% over the next five years, driven by data centers running artificial intelligence operations, as well as the electrification of homes and cars and a shift away from fossil fuels in manufacturing. That’s created new life for old nuclear plants, with a deal to reopen Three Mile Island as the most high-profile example.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Palantir (PLTR) shares slide by the most in nearly a year after its financial results and projections failed to live up to investors’ lofty expectations. The company described rising demand for artificial intelligence software as a “ravenous whirlwind” and bumped its 2025 revenue forecast on Monday to about $3.9 billion from about $3.75 billion. - Vertex Pharmaceuticals (VRTX) shares fall after the company reported adjusted earnings per share for the first quarter that missed expectations. Analysts are mixed about the launch of the non-opioid pain medication Journavx and Alyftrek, a triple modulator for cystic fibrosis- DoorDash (DASH) drops after announcing two multibillion-dollar acquisitions: London-based delivery company Deliveroo Plc for £2.9 billion and hospitality tech company SevenRooms Inc. for $1.2 billion. Alongside the deals, DoorDash also issued a strong orders outlook for the current quarter and posted better-than-expected gross order value for the first three months of the year in a statement on Tuesday.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Palantir Technologies (PLTR) shares fall after the data-analysis software company posted financial results failed to meet investors’ expectations. - Ford (F) shares slip as the automaker suspended its full-year financial guidance and said President Trump’s tariffs will take a toll on profit, joining rivals stung by volatile global trade policies. - Constellation Energy (CEG) shares drop after the power producer reported adjusted profit and Ebitda for the first quarter that fell short of expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Palantir Technologies (PLTR) is sinking this morning after its financial results failed to meet investors' expectations. The company bumped its 2025 revenue forecast to about $3.9 billion, representing growth of 36% from last year. Still, Palantir's revenue for the quarter jumped 39% to $884 million, exceeding analysts' average estimate of $863 million.- Ford Motor Co. (F) shares are on the decline after it suspended its full-year financial guidance due to President Donald Trump's auto tariffs, which will reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year. Ford cited seven factors in withdrawing its earlier forecast, including potential "industrywide supply chain disruption" tied to Trump's duties and the risk that levies may increase in the future.- DoorDash (DASH) shares are lower as it agreed to acquire its rival in the UK, Deliveroo, for $3.9 billion in cash. It expands the delivery service's scope across Europe, Asia and the Middle East.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Palantir Technologies (PLTR) is sinking this morning after its financial results failed to meet investors' expectations. The company bumped its 2025 revenue forecast to about $3.9 billion, representing growth of 36% from last year. Still, Palantir's revenue for the quarter jumped 39% to $884 million, exceeding analysts' average estimate of $863 million.- Ford Motor Co. (F) shares are on the decline after it suspended its full-year financial guidance due to President Donald Trump's auto tariffs, which will reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year. Ford cited seven factors in withdrawing its earlier forecast, including potential "industrywide supply chain disruption" tied to Trump's duties and the risk that levies may increase in the future.- DoorDash (DASH) shares are lower as it agreed to acquire its rival in the UK, Deliveroo, for $3.9 billion in cash. It expands the delivery service's scope across Europe, Asia and the Middle East.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- DoorDash has agreed to buy UK-based food-delivery platform Deliveroo Plc for an equity value of about £2.9 billion ($3.9 billion), as the US company pushes into more overseas markets. - Hugo Boss’s shares rise as much as 10% after the suit maker’s earnings beat estimates, which analysts said was a relief, especially against a tough backdrop. Brokers noted that the update implied trading improved in March, while discipline around operating costs was also helpful.- Shell is working with advisers to evaluate a potential acquisition of BP, though it’s waiting for further stock and oil price declines before deciding whether to pursue a bid, according to people familiar with the matter.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Film and media companies like Netflix (NFLX) and Disney (DIS) saw shares falling on Monday after President Donald Trump announced that he plans to impose a 100% tariff on films produced overseas. In post on Truth Social, the American leader said he was directing the Commerce Department and his trade representative to “immediately begin the process of instituting” the levy on foreign movies. “WE WANT MOVIES MADE IN AMERICA, AGAIN!” Trump continued. The president also positioned foreign productions as a national security threat, saying other nations were using films for messaging and propaganda.- Berkshire Hathaway (BRK.B) shares sunk as much as 6.4% in trading on Monday following the news that Warren Buffett will leave his post as CEO at the end of the year during his 60th shareholder meeting on Saturday. Buffett, the 94-year-old architect and face of Berkshire Hathaway Inc., announced that the gathering would be his last as head of the company he built from humble beginnings into one of the world’s most valuable enterprises. A few feet away, Greg Abel, the energy executive long seen as Omaha’s crown prince, wasn’t even aware his time had come.- Pet food maker Freshpet (FRPT) initially fell after it announced it was cutting its net sales guidance for the full year, citing uncertainty. Shares recovered later in trading.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Netflix (NFLX) Shares fall along with other media and entertainment companies after President Donald Trump announced that he is planning a 100% tariff on films produced overseas. Analysts see risks associated with the news, though they added that there are few details.- Tyson Foods (TSN) shares drop after the company said earnings jumped more than expected as increased profits from chicken sales outweighed another quarter of losses at the company’s beef business. - Peabody Energy (BTU) shares drop after the company said it's considering terminating a $3.78 billion deal to acquire Anglo American Plc's steelmaking coal assets due to a fire at an Anglo mine in Australia.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Netflix (NFLX) shares are lower after President Trump announced plans to impose a 100% tariff on films produced overseas, extending his restrictive trade policies to the entertainment sector. The announcement has raised questions about how the tariff would work, with many films involving global production and post-production work done in various countries.- Disney (DIS) shares sank this morning ahead of a key earnings report. The stock's also following Netflix and other companies exposed to movie production due to President Trump's tariff announcement on foreign films production.- Berkshire Hathaway (BRK-B) fell in premarket trading after Warren Buffett announced he will be stepping down as CEO of Berkshire Hathaway at year-end, with Greg Abel set to take over upon board approval. Bloomberg Intelligence analysts Matthew Palazola and Eric Bedell expect Abel to maintain Berkshire’s ethos, and say that he may also bring a fresher approach to capital management.- Tyson Foods (TSN) is lower this morning even though earnings jumped more than expected as increased profits from chicken sales outweighed another quarter of losses at the company’s beef business. Tyson has heavily relied on elevated chicken profits to alleviate the cost impact of a severe cattle shortage on its earnings, but the chicken boom could be waning.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Berkshire Hathaway (BRK-B) fell in premarket trading after Warren Buffett announced he will be stepping down as CEO of Berkshire Hathaway at year-end, with Greg Abel set to take over upon board approval. Bloomberg Intelligence analysts Matthew Palazola and Eric Bedell expect Abel to maintain Berkshire’s ethos, and say that he may also bring a fresher approach to capital management.- Netflix (NFLX) shares are lower after President Trump announced plans to impose a 100% tariff on films produced overseas, extending his restrictive trade policies to the entertainment sector. The announcement has raised questions about how the tariff would work, with many films involving global production and post-production work done in various countries.- Disney (DIS) shares sank this morning ahead of a key earnings report. The stock's also following Netflix and other companies exposed to movie production due to President Trump's tariff announcement on foreign films production.- Nvidia (NVDA) is also on the downswing this morning due to exposure to the Taiwanese dollar, which surged as much as 5% on Monday, the biggest intraday gain in over three decades, on speculation exporters are rushing to convert their holdings of US dollars to the island's currency.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (APPL) shares fell this week after its quarterly earnings report failed to soothe investor concerns about its biggest challenges, including escalating tariff costs and a slowdown in China. The company’s shares declined 3.7% in New York on Friday after second-quarter results included worse-than-expected sales in China. The iPhone maker also warned that tariffs will increase costs this quarter, a sign that geopolitical tensions are taking a growing toll on the business. Apple expects $900 million in higher costs from tariffs in the current period, Chief Executive Officer Tim Cook said Thursday during a conference call. Revenue will increase by a percentage in the low- to mid-single digits in the quarter, compared with a 5% average analyst estimate. The company didn’t offer any guidance on the impact of tariffs beyond the current period.- Eli Lilly (LLY) shares took a hit on word that CVS choose to make rival Novo Nordisk's popular weight-loss drug Wegovy more widely available to its customers. Eli Lilly's Zepbound was moved off of CVS' list of preferred drugs. Novo and Lilly have been locked in a fierce competition to dominate the obesity market, which is expected to reach $130 billion by the end of the decade. CVS Caremark’s decision to place Wegovy over Zepbound could give Novo an edge as the companies fight to convince insurance companies to pay for their treatments, which cost more than $1,000 a month before rebates.- Spotify (SPOT) shares tumbled on Tuesday after the streaming company gave a muted outlook for profit and subscriber growth in the current quarter. The Stockholm-based company forecast gross profit margins of 31.5% in the second quarter, missing analysts’ average estimate for 31.6% according to data compiled by Bloomberg. Spotify sees monthly active users rising to 689 million, less than the 694.4 million analysts expected. The US-traded stock slipped as much as 9.6% in New York to $540.10. It had risen 22% this year through the end of March and had more than doubled in the last 12 months. Chief Executive Officer Daniel Ek tried to reassure investors that Spotify’s business is strong, despite economic turbulence roiling other industries.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (APPL) shares are still lower as investors continue to digest an earnings report that failed to soothe investor concerns about its biggest challenges, including escalating tariff costs and a slowdown in China. The company’s shares declined as much as 5.2% after markets opened in New York on Friday. Apple had released second-quarter results that included worse-than-expected sales in China. The iPhone maker also warned in the Thursday statement that tariffs will increase costs this quarter, a sign that geopolitical tensions are taking a growing toll on the world’s most valuable business.- Block (XYZ) shares sunk as much as 24%, the most since March 2020 after the financial services and digital payments company cut its gross profit guidance for the full year. The Cash App parent company reported results that suggest weakness in the company’s efforts to convert millions of active users into full-fledged banking customers.- Duolingo (DUOL) shares are still up after the language-learning software firm reported results that beat expectations. Sales will be $987 million to $996 million this year, the company said in a letter to shareholders, up from its previous view of at most $978.5 million and ahead of analysts’ projections for $973.2 million. Subscriptions for its highest-price tier — Duolingo Max — continued to grow in part due to the appeal of its AI-powered video call feature. Daily active users across all tiers jumped 49% to 46.6 million in the period, while the company now counts 10.3 million paying subscribers, slightly ahead of expectations.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Amazon (AMZN) shares fall after the company said it’s bracing for a tougher business climate in the coming months, echoing concerns from a range of companies that tariffs and related economic turmoil could crimp consumer spending.- Wendy's (WEN) shares drop after the company lowered its sales outlook for this year, the latest restaurant chain to take a hit from consumer unease about shaky economic conditions in the US. Global systemwide sales are set to decline as much as 2%, while the company had forecast in March an increase as large as 3%.- Duolingo (DUOL) shares rise after the company raised its full-year sales and profit outlook as artificial intelligence offerings drive users to its higher-priced subscriptions. ales will be $987 million to $996 million this year, the company said in a letter to shareholders, up from its previous view of at most $978.5 million and ahead of analysts’ projections for $973.2 million.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Take-Two Interactive Software (TTWO) shares fall after the company delayed the release of Grand Theft Auto VI to next year, giving the team more time to finish the game. The game was expected to be one of the most lucrative video games ever and would have been the biggest release of 2025, but will now be released on May 26, 2026.- Apple (AAPL) shares drop after the company received downgrades from Jefferies and Rosenblatt Securities after quarterly results raised concerns about tariffs and growth potential. The company's results showed weaker-than-expected sales in China and expected $900 million in higher costs from tariffs, with revenue growth expected in the "low- to mid-single digit" percentage range this year.- Five Below (FIVE) shares jump after the discount retailer increased its first-quarter forecasts for sales and profit. The company also said director Mike Devine is expected to be appointed non-executive chair of the board following the 2025 annual meeting.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (APPL) shares are lower this morning after the iPhone maker reported service revenue for the fiscal second quarter that trailed the average analyst estimate. The company expects $900 million in higher costs from tariffs this quarter and warned that revenue will increase by a percentage in the low- to mid-single digits, below analyst estimates.- Chevron (CVX) share are also down despite beating its earnings estimates. Wall Street is punishing the oil giant after it announced it will reduce share buybacks this quarter to about $2.75 billion, 30% less than in the first quarter, due to tumbling oil prices.- Exxon (XOM) shares are higher after it said it will stick to its plan to buy back about $5 billion in shares per quarter, while Shell has the financial ability to keep repurchasing upwards of $3 billion of shares each quarter.- Take-Two (TTWO) shares are lower after delaying the release of Grand Theft Auto VI to next year, giving the development team more time to complete the game. The delay is seen as a significant setback for Take-Two, as the Grand Theft Auto franchise is a major contributor to the company's revenue.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Apple (APPL) shares are lower this morning after the iPhone maker reported service revenue for the fiscal second quarter that trailed the average analyst estimate. The company expects $900 million in higher costs from tariffs this quarter and warned that revenue will increase by a percentage in the low- to mid-single digits, below analyst estimates.- Amazon (AMZN) is following Apple downward this morning after it said it expects a tougher business climate in the coming months due to tariffs and economic turmoil, which may affect consumer spending. The company's operating profit forecast for the current period is weaker than expected, citing factors such as tariffs, currency fluctuations, and recessionary fears.- Airbnb (ABNB) shares in decline this morning after giving a very weak travel outlook that is affecting their bottom line. The company is citing economic uncertainties for softer travel demand in the US. The company's growth for nights and experiences booked is expected to "moderate" from the 7.9% achieved in the first quarter, falling short of Wall Street's 8.6% projection.- Chevron (CVX) share are also down despite beating its earnings estimates. Wall Street is punishing the oil giant after it announced it will reduce share buybacks this quarter to about $2.75 billion, 30% less than in the first quarter, due to tumbling oil prices.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Shell stuck to its plans for investor returns and capital spending, saying it had the financial strength to withstand any weakness in energy markets. - BASF warned that uncertainty caused by President Donald Trump’s trade tactics means it can’t make reliable predictions for its business this year.- NatWest beat estimates in the first quarter and pointed to improving earnings this year as the bank’s customers proved resilient to the unfolding strains on the global economy.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - Amazon (AMZN) shares are down in extended trading as the company gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward a long list of factors including tariffs and trade that may cause consumers to pull back on spending. The world’s largest online retailer projected operating profit of $13 billion to $17.5 billion, compared with an average estimate of $17.8 billion. Sales will be $159 billion to $164 billion in the period ending in June, the company said Thursday in a statement. Analysts, on average, expected $161.4 billion. - Apple (APPL) shares are down in extended trading as sales from China declined more than anticipated in the latest quarter, overshadowing otherwise solid results for the iPhone maker. Revenue from the country fell 2.3% to $16 billion in the fiscal second quarter, which ended March 29, the company said in a statement Thursday. Analysts had estimated $16.83 billion. Overall sales gained 5% to $95.4 billion, ahead of the $94.6 billion average estimate. Apple had projected percentage growth in the low- to mid-single digits. - Delta Air Lines (DAL) shares have small gains in after hours trading. The airline says that the head of its Endeavor Air regional carrier will step down, but remain with the parent company. Jim Graham’s departure as Endeavor chief executive officer is part of a plan that’s been in the works almost a year, he said in a Thursday memo to the airline’s executives and directors seen by Bloomberg News. Graham retains his role as a senior vice president with the Delta Connection regional operation, Delta said in an email.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Eli Lilly (LLY) shares fell the most intraday since October after CVS Health announced a plan to drop its blockbuster weight-loss drug Zepbound from its preferred list, making rival Wegovy more widely available. While the company maintained its sales guidance between $58 billion and $61 billion for the year, and Zepbound performed in line with Wall Street’s expectations, investors who had been hoping for more explosive growth were underwhelmed.- Qualcomm (QCOM) shares fell after the company gave a tepid revenue forecast, underscoring concerns that tariffs will hurt demand for its products. Revenue in the period ending in June will be $9.9 billion to $10.7 billion, the company said Wednesday in a statement. The midpoint of that range was slightly below the average analyst estimate of $10.33 billion.- Carrier Global Corp. (CARR) shares are up. The company said said its tariff exposure has been alleviated in part through price increases, allowing it to boost its full-year profit outlook and sending its shares higher. The HVAC company is fully mitigating the impact of tariffs that are in effect today, it said in a statement Thursday. “We are fully mitigating our tariff exposure through supply chain and productivity actions with the balance of about $300 million via price, which represents a little over 1% of additional pricing,” Chief Executive Officer Dave Gitlin said on a call with investors.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Kohl's (KSS) shares rise after the company fired its chief executive officer after the board found he directed the company to do millions of dollars of business with someone he had a personal relationship with on “highly unusual terms.” The company said it is starting a search to find a permanent replacement following the departure of Ashley Buchanan and that Chairman Michael Bender would serve as interim CEO, according to a statement. - Eli Lilly & Co.’s (LLY) shares dropped in morning trading after CVS Health Corp. announced a plan to drop its blockbuster weight-loss drug Zepbound, making rival Wegovy more widely available. The drugmaker also cut its full-year earnings outlook, citing research and development costs. - Microsoft (MSFT) shares surge after the company reported stronger-than-expected quarterly sales and profit growth, suggesting customer demand for cloud services has held steady despite a wave of tariffs and economic turbulence. During a call with analysts, Chief Financial Officer Amy Hood said Azure will grow as much as 35%.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Meta Platforms (META) shares jumped after the company’s advertising sales quelled Wall Street concerns about the impact of the Trump administration’s trade war, with first-quarter revenue beating expectations. Meta needs its advertising business, which makes up 98% of the company’s revenue, to continue growing in order to fund an expensive expansion in artificial intelligence. - Eli Lilly & Co.’s (LLY) shares dropped in morning trading after CVS Health Corp. announced a plan to drop its blockbuster weight-loss drug Zepbound, making rival Wegovy more widely available. The drugmaker also cut its full-year earnings outlook, citing research and development costs. - Kohl's (KSS) shares rise after the company fired its chief executive officer after the board found he directed the company to do millions of dollars of business with someone he had a personal relationship with on “highly unusual terms.” The company said it is starting a search to find a permanent replacement following the departure of Ashley Buchanan and that Chairman Michael Bender would serve as interim CEO, according to a statement.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- McDonald's (MCD) shares are lower after US sales fell 3.6% in the first quarter, mainly due to a decline in guest counts, marking the biggest drop in the chain's home market since 2020. The decline is attributed to a deterioration in consumer sentiment, making it harder for restaurants to lure in diners, with low-income customers being particularly affected.- Eli Lilly (LLY) dropped in the premarket after the drugmaker cut its adjusted earnings per share forecast for the full year. The company also reported first-quarter sales of its blockbuster weight-loss drug, Zepbound, that was in line with expectations. It also follows CVS' drug-benefits unit negotiated a deal to make Novo Nordisk A/S's Wegovy more widely available to its members, replacing Zepbound.- Qualcomm (QCOM) is falling after its revenue forecast for the period ending in June was $9.9 billion compared to $10.7 billion, which is slightly below analyst estimates. The company's outlook has renewed fears about the impact of tariffs on the smartphone market, which is Qualcomm's largest market. Shares fell over 5% in premarket trading following the announcement, despite the company's efforts to diversify its business beyond the phone market.- Nvidia (NVDA) shares jumped as Microsoft and Meta beats drove Mag 7 stocks higher. It comes with CEO Jensen Huang also saying he wants the Trump administration to change regulations for exporting AI technology to help American businesses capitalize on opportunities.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Microsoft (MSFT) shares are higher this morning after an earnings blowout. The company reported stronger-than-expected quarterly sales and profit growth as the Azure cloud unit posted a 33% revenue gain in the quarter, beating the Wall Street estimate of 29%. It suggests customer demand for cloud services has held steady despite a wave of tariffs and economic turbulence. The world’s largest software maker is considered a leader in commercializing AI products, thanks to its close partnership with ChatGPT maker OpenAI. In addition to providing computing infrastructure, Microsoft has launched AI assistants in widely used productivity applications such as Office and Excel. - Meta (META) shares, along with Microsoft, are helping lead the Mag 7 higher after the company reported $42.3 billion in first-quarter sales, beating analysts' estimates of $41.4 billion. Meta expects to spend $64 billion to $72 billion this year, up from its prior outlook, due to tariffs imposed by the Trump administration and investments in artificial intelligence. Meta's advertising business, which makes up 98% of the company's revenue, is growing, and the company is investing heavily in AI development, including a new standalone AI app, to compete with rivals.- Eli Lilly (LLY) dropped in the premarket after the drugmaker cut its adjusted earnings per share forecast for the full year. The company also reported first-quarter sales of its blockbuster weight-loss drug, Zepbound, that was in line with expectations. It also follows CVS' drug-benefits unit negotiated a deal to make Novo Nordisk A/S's Wegovy more widely available to its members, replacing Zepbound.- Harley Davidson (HOG) shares are lower after pulling its 2025 financial outlook, citing the “tariff situation” and macroeconomic conditions. It also reported revenue for the first quarter that missed the average analyst estimate.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Lloyds shares fall as much as 2.4% after the lender’s earnings came in a touch shy of expectations. Analysts blamed higher severance costs, but said that overall trends are supportive with Lloyds maintaining its full-year guidance.- GN Store slumps as much as 10% after lowering its full-year guidance to account for the impact of US tariffs. - Rolls-Royce expressed confidence the aircraft engine supplier can meet its financial goals for the year despite the uncertainty caused by the introduction of new tariffs.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Caterpillar Inc. (CAT) shares are up in after hours trading. This comes as the company expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half. The guidance, in line with previous expectations, came as the heavy-equipment maker posted first-quarter earnings that fell short of analysts’ estimates. The company painted two scenarios in its results’ presentation, forecasting operating profit to be within its annual target range if factoring in tariffs and a recession.- Starbucks (SBUX) shares fell after the company said same-store sales declined 1% in the quarter ended March 30, missing Wall Street estimates, and earnings per share also missed expectations. CEO Brian Niccol said "behind the scenes, we really are showing a lot of signs of progress” -- Niccol took the helm in September and kicked off an overhaul of its cafes to make them more welcoming- Snap (SNAP) shares tumbled after the company narrowly beat analysts’ estimates for first-quarter revenue but declined to issue a sales forecast for the current period, saying it’s navigating macroeconomic “headwinds” for its advertising business. While sales continue to grow in the second quarter, Snap said economic volatility “may impact advertising demand more broadly,” contributing to its decision to withhold sales projections.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Caterpillar (CAT) shares are down as the company expects slightly lower sales this year if the Trump administration tariffs remain in place and the economy dips into a recession in the second half. The guidance, in line with previous expectations, came as the heavy-equipment maker posted first-quarter earnings that fell short of analysts’ estimates. The company painted two scenarios in its results’ presentation, forecasting operating profit to be within its annual target range if factoring in tariffs and a recession.- Starbucks (SBUX) stock slides as the company's same-store sales declined 1% in the quarter ended March 30, missing Wall Street estimates, and earnings per share also missed expectations. Starbucks CEO Brian Niccol says the coffee chain is making progress in reviving growth, but flagging sales in the latest quarter and a sputtering economy amped up pressure on the company’s new management to deliver.- Snap (SNAP) shares tumbled after the company narrowly beat analysts’ estimates for first-quarter revenue but declined to issue a sales forecast for the current period, saying it’s navigating macroeconomic “headwinds” for its advertising business. While sales continue to grow in the second quarter, Snap said economic volatility “may impact advertising demand more broadly,” contributing to its decision to withhold sales projections.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Caterpillar (CAT) shares fall after the company said it expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half. Caterpillar said it expects an additional cost headwind of $250 million to $350 million in the second quarter from tariffs, “net of initial mitigation actions and cost controls.”- Starbucks (SBUX) shares fall after the company said same-store sales declined 1% in the quarter ended March 30, missing Wall Street estimates, and earnings per share also missed expectations. CEO Brian Niccol said "behind the scenes, we really are showing a lot of signs of progress” -- Niccol took the helm in September and kicked off an overhaul of its cafes to make them more welcoming- Snap (SNAP) shares fall after the company warned volatility may impact advertising demand more broadly, contributing to its decision to withhold sales projections. Some of Snap’s advertisers are pulling back their spending due to the Trump administration’s planned changes to the de minimis rule, which exempts imports from mainland China and Hong Kong from tariffs if they’re worth less than $800, Chief Financial Officer Derek Andersen said on an earnings call with investors.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Starbucks (SBUX) shares fall after the company said same-store sales declined 1% in the quarter ended March 30, missing Wall Street estimates, and earnings per share also missed expectations. CEO Brian Niccol said "behind the scenes, we really are showing a lot of signs of progress” -- Niccol took the helm in September and kicked off an overhaul of its cafes to make them more welcoming- Super Micro (SMCI) shares plunge after the company's preliminary results for the fiscal third quarter fell short of analysts' estimates. The company attributed the miss to customers delaying purchases, which will be pushed into the current quarter, and also cited higher inventory reserves and expedited costs for new products.- Amazon (AMZN) shares fall after Grindr said it’s using artificial intelligence tools from Amazon.com and Anthropic to develop features for its “Wingman” product, rather than relying on chatbots. President Donald Trump called Jeff Bezos to complain following the report, and Trump said Bezos "solved the problem very quickly, and he did the right thing.”See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Starbucks (SBUX) shares are lower after receiving a wave of downgrades from Wall Street. Bernstein, Stifel, and TD Securities lowered its price target on the stock. Starbucks' same-store sales declined 1% in the quarter ended March 30, below the average estimate compiled by Bloomberg.- Snapchat (SNAP) slipped as much as 14% in early trading after signaling a massive headwind warning when it comes to ad sales. Snap beat analysts' estimates for first-quarter revenue but declined to issue a sales forecast for the current period due to macroeconomic "headwinds" affecting its advertising business.- Super Micro Computer (SMCI) tumbled as much as 16% in premarket trading on Wednesday after the company reported preliminary third-quarter results that missed expectations. JPMorgan does not think that the magnitude of the revenue miss is representative of any industry-wide demand slowdown.- Norwegian Cruise Lines (NCLH) broke with its cruise peers by warning that cruise demand, which has long defied worrying travel trends, is beginning to weaken. The stock is lower after the cruise operator saw “softening” in its 12-month forward bookings, though maintains ticket sales are within the “optimal range, even amid ongoing macroeconomic volatility,” according to a statement Wednesday. Despite that, the company maintained its full-year targets.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Caterpillar (CAT) share are higher this morning. The company said it expects to face slightly lower sales this year if tariffs continue and the economy dips into a recession in the second half. The guidance, in line with previous expectations, came as the heavy-equipment maker posted first-quarter earnings that fell short of analysts’ estimates. Excluding any impacts from tariffs, Caterpillar said it sees flat full-year sales compared with 2024.- Starbucks (SBUX) shares are lower after receiving a wave of downgrades from Wall Street. Bernstein, Stifel, and TD Securities lowered its price target on the stock. Starbucks' same-store sales declined 1% in the quarter ended March 30, below the average estimate compiled by Bloomberg.- Snapchat (SNAP) slipped as much as 14% in early trading after signaling a massive headwind warning when it comes to ad sales. Snap beat analysts' estimates for first-quarter revenue but declined to issue a sales forecast for the current period due to macroeconomic "headwinds" affecting its advertising business.- Microsoft (MSFT) is virtually unchanged as it oscillates between positive and negative territory this morning ahead of its key earnings release later today.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- Barclays Plc’s traders cashed in on the recent market turbulence, helping the bank beat earnings estimates as it upgraded some of its guidance for the year. - TotalEnergies SE drew a contrast with its industry peers, sticking to plans for both investor payouts and project investment despite a profit miss and a weak outlook for oil markets.- Universal Music, the record label for artists such as Taylor Swift and Sabrina Carpenter, reported sales that beat analysts’ estimates in the first quarter, boosted by global subscriber growth.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:- American Tower (AMT) shares are up after the wireless communications real estate investment trust reported first-quarter results that beat expectations and gave an outlook that is seen as positive.- Honeywell International (HON) shares gain as the company raised its full-year guidance for earnings per share, saying it will offset about $500 million in tariff exposure with price changes and other actions to protect its bottom line. - Pfizer (PFE) shares are up after CEO Albert Bourla said during an earnings call that he is “cautiously optimistic” that the pharmaceutical industry will avoid tariffs following discussions with the White House. - Starbucks (SBUX) shares slipped in extended trading after the company reported quarterly sales fell slightly faster than expected, highlighting how hard the coffee chain will have to work to regain lost ground. Same-store sales declined 1% in the quarter ended March 30, according to a statement Tuesday, falling short of the average estimate of analysts polled by Bloomberg. Earnings per share also missed expectations.- Super Micro Computer Inc. (SMCI) tumbled in late trading after giving preliminary results that fell well short of analysts’ estimates, a sign its comeback plan has been slow to gain traction.See omnystudio.com/listener for privacy information.

On this episode of Stock Movers: - American Tower (AMT) shares are up after the wireless communications real estate investment trust reported first-quarter results that beat expectations and gave an outlook that is seen as positive.- Honeywell (HON) shares gained after the industrial conglomerate gave higher than expected guidance for second quarter adjusted earnings per share, and said it will fully offset $500 million of tariff exposure for the year.- Pfizer (PFE) shares gained after CEO Albert Bourla said during an earnings call that he is “cautiously optimistic” that the pharmaceutical industry will avoid tariffs following discussions with the White House.See omnystudio.com/listener for privacy information.